Answer to Question #201346 in Management for Lucy

Question

give 3 reasons why woolworths engages in csr and how their csr initiatives contribute to sa communities

Answer 1

1. Commitment of customers

Half of the CSR is to enhance the company's reputation and benefit. You wish to know people about it, in principle. Using CSR you may work differently and in a new way with your consumers. Conversations with your clients might be simpler because the message is "good"

2. Commitment of staff.

It is necessary and helpful that your staff are aware of what is happening in the business in accordance with consumer involvement. When you keep the CSR in the dark, you are missing a chance. Employees get proud and happy to the organization if they know that anything excellent happens.

3. Long-term plans

CSR is a means to look to the future for a firm. It is an attempt to examine the interest and sustainability of the firm. CSR efforts assist firms get back on track and forget to concentrate on ten years next quarter.

It increases public confidence; it increases employee attraction to a company in the community